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Hotel Industry Financial News Page 2

Total Portfolio RevPAR was $170.28, a 7.2% increase compared to the first quarter of 2018 reflecting portfolio performance and upgrades to overall portfolio quality as a result of transactions that were completed in 2018. continue reading →

Diluted EPS was $0.54 for the first quarter, a 6 percent increase from the same period in 2018, and diluted EPS, adjusted for special items, was $0.80, a 16 percent increase from the same period in 2018 continue reading →

Net revenues were $447.0 million for the first quarter of 2019, an increase of 6.2%, or $26.0 million, from $421.0 million for the same period of 2018. The increase in net revenues was primarily due to an increase in Las Vegas operations. continue reading →